Kevin T. Crews, P.C.

Practices

Overview

Kevin Crews is one of the founding partners of the Dallas office of Kirkland & Ellis LLP. Kevin represents private equity sponsors and public and private companies in acquisitions and investments (controlling and minority), divestitures, joint ventures, financings, restructurings and other corporate matters. He also represents management teams in connection with the formation of joint venture platforms and follow-on transactions. In addition, Kevin has represented private equity sponsors in numerous preferred equity investments and other structured securities transactions.

Kevin has wide-ranging industry experience, with a particular focus representing clients in the energy sector, including midstream oil and gas, oil and gas exploration and production, power generation and infrastructure.

Experience

Representative Matters

Since joining Kirkland, Kevin has been involved in the following transactions:

Prior to joining Kirkland, Kevin was involved in the following transactions:

ENGIE North America Inc. (f/k/a GDF SUEZ Energy North America, Inc.) in its sell-side auction of U.S. power generation assets, culminating in the $3.3 billion sale (and related reorganization) of its portfolio of electric generating plants in Texas, New England and the Mid-Atlantic, to Dynegy and the $1.2 billion sale of hydroelectric power generation assets to Public Sector Pension Investment Board

Discovery Midstream I

and other selling owners of Discovery DJ Services LLC, a joint venture of Old Ironsides Energy and Ward Energy Partners, in the sale of Discovery DJ Services to TPG Capital and rollover of a portion of management’s equity

in its midstream joint venture with Old Ironsides Energy

Old Ironsides Energy

in its upstream joint venture with Carbon Natural Gas Company and Yorktown Energy Partners to explore and produce in the Southern Appalachia

in the $1.75 billion sale of three Delaware Basin subsidiary companies of Brazos Midstream Holdings, LLC to Morgan Stanley Infrastructure

its joint venture with a public upstream company for construction and operation of a crude oil pipeline in the Permian basin and subsequent sale of the joint venture to JP Energy Development, a master limited partnership

its midstream joint venture with Liberty Energy

its sale of a controlling stake in a midstream portfolio company to Highstar Capital

in its capacity as a holder of preferred equity (together with GSO Capital Partners, EIG Global Energy Partners and TPG Capital) in the sale of upstream assets by Chesapeake Cleveland Tonkawa joint venture to FourPoint Energy and related redemption of preferred equity

its investment (together with Harvest Partners) in convertible preferred units of Regency Energy Partners, a master limited partnership, and its exit from the investment

its co-investment in a $450 million preferred financing of Plains Exploration and Production Gulf of Mexico offshore development project

its $400 million mezzanine debt financing of Eclipse Resources’ acquisition of The Oxford Oil Company

its acquisition (together with GSO Capital Partners) from General Electric Energy of preferred units of the general partner of Summit Midstream Partners, a master limited partnership

Breitburn Energy Partners LP in its $775 million sale of certain of its upstream assets to Birch Permian Holdings, Inc. and its $793 million sale of the remainder of its assets to Maverick Natural Resources LLC, via a chapter 11 reorganization

Fieldwood Energy LLC (a portfolio company of Riverstone) in its prepackaged chapter 11 cases pursuant to which Fieldwood deleveraged its balance sheet by $1.6 billion, raised approximately $525 million in an equity rights offering and purchased for $710 million all Gulf of Mexico deepwater oil and gas assets of Noble Energy, Inc.

Cresta Energy in various equity investments in midstream oil and gas companies

Ontario Teachers’ Pension Plan in various equity investments in upstream and midstream oil and gas companies

Stonegate Production Company LLC

in its sale of certain non-operated oil and gas assets to Stonehold Energy Corporation

in its sale of certain operated oil and gas assets to Vortus Investments

Tailwater Capital in its formation of an upstream and midstream energy investment fund and that fund's acquisition of oil and gas investments from HM Capital Partners

Fir Tree Partners and Crestline Investors in their acquisition of substantially all of the assets of Emerald Oil pursuant to a Section 363 asset sale in bankruptcy and the formation of an asset-level joint venture with Petro-Hunt

EIG Global Energy Partners in its recapitalization of an upstream offshore oil and gas portfolio company and its joint venture with Sankaty Advisors

Oxford Finance Corporation (a portfolio company of Sumitomo Corporation of America) in its sale of a minority stake to Welsh Carson and establishment of a joint venture for life science and healthcare services companies

NYDJ Apparel (a portfolio company of Falconhead Capital) in its sale of a controlling interest in leading women’s clothing maker to Crestview Partners

General Growth Properties, Inc. in its $8 billion recapitalization by Brookfield and Pershing Square, and in its spinoff of The Howard Hughes Corporation and Rouse Properties, Inc.

Dell Inc. in its acquisition of Credant Technologies, Inc., a data protection company